RELATE ApS

RELATE ApS (CVR number: 40268413) is a company from VEJLE. The company recorded a gross profit of 814.1 kDKK in 2023. The operating profit was -97.8 kDKK, while net earnings were -98.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.2 %, which can be considered poor and Return on Equity (ROE) was -52 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RELATE ApS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.